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. >> i like melissa: i'm melissa francis and here's what's "money" tonit. is the gop preparing to cave on ta hikes? mitt romney's former top economic advisor says, hey, guess what, it is time to give in. is this the only way to get a deal on the fiscal cliff? onerepublican lawmaker is here to react. >>> tesla's car wins car of the year. there is rough road ahead for thelectric car industry. i will talk about it wi tesla founder and ceo, elon musk. >>> drugs guns and murder. the creator of mcafee anti-virus software is on the run in central america. thpl thickens by the minute. we have all the illicit details. even when they say it's not its always about money melissa: all right. first let's take a look at the day's market headlines. stocks swayed between positive and negative territory. retailers helped fuel a modest rally e early on but fiscal cliff and european debt crisis fears ultimately ate away at the gains. those problems haven't gone away. that isig shocker. dow closed down 58 points. >>> head of microsoft's windows software unit suddenly announced
. >> i like melissa: i'm melissa francis and here's what's "money" tonit. is the gop preparing to cave on ta hikes? mitt romney's former top economic advisor says, hey, guess what, it is time to give in. is this the only way to get a deal on the fiscal cliff? onerepublican lawmaker is here to react. >>> tesla's car wins car of the year. there is rough road ahead for thelectric car industry. i will talk about it wi tesla founder and ceo, elon musk. >>> drugs...
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Nov 14, 2012
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chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> welcome back. another keeping them honest report tonight. mitt romney's running mate, paul ryan, is making the interviews rounds, giving his take on why he thinks his ticket lost the election. here's what he told a local television station in his hometown in wisconsin which romney lost to obama. >> the reports that you and governor romney and your wives were shocked by the results that were coming in. true? >> it is true. yeah. the polling we had, the numbers we were looking at looked like we stood a pretty good chance of winning, so when the numbers came in going the other direction, when we saw the kind of turnout that was occurring in urban areas which were really fairly unprecedented, it did come as a bit of a shock. those are the tough kind of losses to have, the ones that catch you by surprise. >> some critics jumped on those remarks and said historically urban has often been used as a code word for african-american voters. we can't say fo
chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> welcome back. another keeping them honest report tonight. mitt romney's running mate, paul ryan, is making the interviews rounds, giving his take on why he thinks his ticket lost the election. here's what he told a local television station in his hometown in wisconsin which romney lost to obama. >> the reports that you and governor romney and your wives were...
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Nov 14, 2012
11/12
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that was mitt romney's plan. it's starting to get traction with democrats. you could end the benefit on second homes and vacation properties or you could eliminate the whole thing all together. obviously the realtors, home builders, anybody making money off housing is opposed to changing this deduction at all. jerry howard, ceo of home builders association, says even the debate is "chilling the market." gary thomas, president over at national association of realtors says the mortgage interest deduction is vital to the stability of the american housing market and the economy. now, whatever cut is adopted, if it's adopted, it would hit those hardest who are at the beginning of a big mortgage and therefore are paying the most in interest. that's how mortgages work. and that is big because so many people have recently refinanced so they are all at the beginning. this one is going to be really interesting. simon? >> thank you very much for that diana. scary. >> interesting. >> thank you very much. we were talking about -- have you seen the tax breaks going on fle
that was mitt romney's plan. it's starting to get traction with democrats. you could end the benefit on second homes and vacation properties or you could eliminate the whole thing all together. obviously the realtors, home builders, anybody making money off housing is opposed to changing this deduction at all. jerry howard, ceo of home builders association, says even the debate is "chilling the market." gary thomas, president over at national association of realtors says the mortgage...
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Nov 14, 2012
11/12
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i lost a lot of money tonight, and someone is going to be held accountable. from "dancing with the stars," along with their dance partners maks and peta, please welcome gilles marini and kirstie alley. [ cheers and applause ] >> jimmy: tell me what your emotions are right now? because i am wondering who is more disappointed me or you guys? >> i'm disappointed. >> gilles when you found out i chose you that you were the chosen one. >> jimmy: wait? wait a minute. >> something in his mouth. >> jimmy: in the briefcase. it was unlocked. >> i was so happy. >> jimmy: did you feel that was too much pressure i put on you? >> hell, yeah. >> jimmy: are you angry? >> you said two got eliminated. one deserved to. it wasn't him. you jinxed me. i was here, five days ago. >> jimmy: you were just here. if it makes you feel belttter, set a pattern, and you should come back every week. [ cheers and applause ] >> jimmy: now you two in the back here, this is something, you are dating. this is real dating, not the hidden dating that usually goes on on the show where you are quietly
i lost a lot of money tonight, and someone is going to be held accountable. from "dancing with the stars," along with their dance partners maks and peta, please welcome gilles marini and kirstie alley. [ cheers and applause ] >> jimmy: tell me what your emotions are right now? because i am wondering who is more disappointed me or you guys? >> i'm disappointed. >> gilles when you found out i chose you that you were the chosen one. >> jimmy: wait? wait a minute....
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Nov 14, 2012
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>> i think the unions made better advantage of a lot of the super pac money channeling into organizing as and voter turnout as opposed to advertising. obama's advertising may through july which nobody really responded to, which in my view defined romney in very negative terms. >> it did. and once you get defined it is tough to unravel that. just to your point it probably did make a big difference, steve because, if super pacs hadn't been out there on the republican side the others would be out there anyway. you would have seen a country not so evenly divided probably because advertising dollars would have mept larger margins in these states. in the end mitt romney loss but in the end it didn't make a difference. i will also say when you can not coordinate between a campaign and someone else helping you, sometimes the ads are less helpful. some of the ads were good. some of them weren't. some of them were off message. and in your business, think about it with your markets efforts. if you had to have a marketing team within your business but also an outside marketing team you had no cont
>> i think the unions made better advantage of a lot of the super pac money channeling into organizing as and voter turnout as opposed to advertising. obama's advertising may through july which nobody really responded to, which in my view defined romney in very negative terms. >> it did. and once you get defined it is tough to unravel that. just to your point it probably did make a big difference, steve because, if super pacs hadn't been out there on the republican side the others...
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Nov 14, 2012
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, and then they are told by people like paul ryan and mitt romney that that is an entitlement. to me, that is like more of a ponzi scheme if they take that away. getting back to the elephant in the room, until we start talking about structurally change in this country beyond fighting over taxes -- you can fight over moving around the chairs on the titanic, but what really needs to be done is we need to repeal the trade agreement, look at taxing goods from china, and we need to get jobs back into this country, manufacturing jobs with wages people can live on and pressure for wages to go up. right now, the pressure is for wages to go down. you are fighting over what is less of the money coming in. host: let's go to the congressman. guest: this is an important issue that was fought over in the campaign. we need to support manufacturing in this country. i come from michigan. that was a basic issue. the president, when he stood up for the auto industry, essentially answered your collar pulled a question about the importance of manufacturing -- collar's question about the importance
, and then they are told by people like paul ryan and mitt romney that that is an entitlement. to me, that is like more of a ponzi scheme if they take that away. getting back to the elephant in the room, until we start talking about structurally change in this country beyond fighting over taxes -- you can fight over moving around the chairs on the titanic, but what really needs to be done is we need to repeal the trade agreement, look at taxing goods from china, and we need to get jobs back...